Cannabis Property Zoned and Approved for all 5 license types

CannaMLS ID: 3671
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Pricing Details

Full Buy Out Price:
$25,000,000
Buy In Price:
$6,500,000
Ownership Percentage:
25 %

Property Details

License Is Movable:
No
Real Estate Is Included:
Yes
Has Buy-in Option:
Yes
Facility Is Built Out:
No
Has Room For Expansion:
Yes

This is a 27 acre parcel of land with 276,000 square ft of space under roof, 258,000 sq ft is available for cultivation and processing, with 18,000 ft available for secure transport, testing lab and dispensary.  The city has approved a conditional rezoning for cannabis use, light industrial in the back 2/3rds of the property, retail in the front 3rd. This can come with or without a tenant. 

Price: $25,000,000

Listing Status: For Sale

Details

Date Listed For Sale: 4/5/2020
License Type: Medical, can be transitioned to Recreational

Location: Pontiac, Michigan 48342

Recreational: No
Medicinal: Yes

Listing Type

  • Cultivation
  • Manufacturing
  • Distribution
  • Dispensary
  • Home Delivery
  • Real Estate



 

 

 

 

 

 

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Terms And Options

We are leasing as is space for cultivation at $12.00psf and would consider building out the facility for a strong tenant with a lease term to fit the cost of the build out.